Nocturnal Tech Blog

Bitcoin

What is a Bitcoin Wallet

A bitcoin wallet, while it is similar to a physical wallet in that it allows you to store your bitcoin, is more like your own bank which allows you to open and manage accounts, transfer, spend and receive money through the bitcoin network, and provides security. Types of Wallets Wallets come in three forms, software, hardware, and paper. A software...

Bitcoin Basics: How to buy bitcoins

Here's a few ways that you can get involved in bitcoin by buying some bitcoins of your own. Keep in mind- You don't need to buy whole amounts of bitcoin, it is divisible into smaller units called bits that represent a 1 millionth of a bitcoin. Leaving money on an exchange poses a risk of theft. While okay for the...